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Kroger's Fiscal Q2 Adjusted Earnings Fall, Revenue Rises; Reaffirms 2024 Adjusted Earnings Guidance
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Kroger's Fiscal Q2 Adjusted Earnings Fall, Revenue Rises; Reaffirms 2024 Adjusted Earnings Guidance
Sep 13, 2024 12:30 PM

08:24 AM EDT, 09/12/2024 (MT Newswires) -- Kroger ( KR ) reported fiscal Q2 adjusted diluted earnings Thursday of $0.93 per share, down from $0.96 a year earlier.

Analysts polled by Capital IQ expected $0.91.

Revenue for the quarter ended Aug. 17 was $33.91 billion compared with $33.85 billion a year earlier.

Analysts surveyed by Capital IQ expected $34.12 billion.

The supermarket chain reaffirmed its fiscal 2024 adjusted net earnings per diluted share of $4.30 to $4.50. Analysts surveyed by Capital IQ expect $4.44.

Kroger ( KR ) shares were 1% higher in premarket trading.

Price: 51.80, Change: +0.30, Percent Change: +0.58

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